Insteel's Rocky Quarter: Buy the Dip?
Insteel's Q3 earnings stumble! Despite rising shipment volumes and improved price spreads, supply chain snags, particularly with domestic steel wire rod, led to disappointing results, sending the stock sliding. Is this a buying opportunity or a sign of deeper issues? The company is banking on infrastructure projects to offset residential weakness, but high inventory levels and tariff uncertainty loom. Find out if Insteel can navigate these challenges and maintain its pricing power.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.